The Daily Alaska empire Newspaper, June 26, 1936, Page 11

‘ FHL DA[LY ALASKA LMPIRI: PRID \\ JUNL 26 11)36 i 3 s i flllllIIIIIIHIIIlIIIllllIllllllllm IIIlIHIIHIHIlIIIIll|IIHIHIIIIIIIIIlHIIII||II'IHHII'IIHIIIIIIIIIIIIIIIIIIIIIIIIIINIIlIIIlIIIIlIIIl|IIIIIIIIIIIIIIIIIIIIlIIIIIIIIIIIIIIIIlllllllllllllllll|IHll||II!IIIII|IIIINIIIIlllIIlIIIIII||I||IlI|IIIIIIIIIIIIIIIII|I|IIllII|lIllIIIIIIIIINIIIIIIIIIIllVIIIIIIIIIIIIIIIIII"IIIIIIIIIIIIHIIIIIIllllllumlflflmmmmm i3 1 21 FEDERAL HOUSING MORTGAGE PLAN AGA FOR A HOME COSTING $2,500, FHA Mortgage $2,000, 20 Year, 5% Interest, 2% Service Charge, 1% Mortgage Insurance Premium AINST OLD STYLE FINANCING PLAN WITH $2,000 IN MORTGAGES Old Style Plan tb Fimance $2.000 $1,330, First Mortgage, 6% Interest; $670 Second Mortgage, 8¢ Interest Actual Mortgage Charges (monthly): Actual Mortgage Charges k 5% int t and amortization $13.20 Interest on first mort | service charge (average) 49 ission paid to obtain fir: 12 % mortgage insurance premium 83 nd to refinance every 3 yea s I NGLE T time 279.30 Total $14.52 ond mortgage for'4 years 139.15 Estimated Additional Charges (monthly): gage principal repaid in 2 MO RTGAGE $ 417 four annual installments 670.00 t rarce premium 117 ion paid to obtain second n SYSTEM 1.00 gage, 5 33.50 | * Total 6.34 Total payment for 20 years 271795 ‘Total Monthiy Payment 20.86 Annual average 13590 average $11.32 Charges (monthly): —— surance premium and water rent same as in FHA example) 6.34 HOUSING Total Monthly Payments (average) 17.66 BAROMETER = SAVINGS UNDER FHA PLAN OVER 20 YEARS June 10, 1936 0Old Style Financing FHA Financing Plan Plan of business M yment ; $ 17.66 $ 2086 private fi- Ex cost of FHA plan 3.20 | habE A To! thly cost of FHA plan for 240 months 768.00 | i -] Bal end of 240 months 1,330.00 0 ional Housing Az o with use of FHA plan ($1.330—3768 562.00 the second of a series coni g the cosis of financing homes—costing $1,250, $2,500, 0 respectfully—under the Federal Housing mortgage system and under the old style }""""G ‘;r%.",'ga “°°'z‘ 1,065,109 > shown for the owner of a $2500 house with a single 20-year mortgage, insured by the tion, over what he would have Jm( to m\ over the same period with a series of és maturing every ‘three pctively the Federal Housing mortg: aves the trouble and anxiety of re- three or four jon is to me the small payment of ¢ have his home in fee, fr the end of rs. The estimated surance, and water rent vary, of course CUT FLOWERS AND POTTED PLANTS FOR BEAUTIFYING YOUR EOOMS Trees, Shrubs and Plants for Beautifying Your Yard JUNEAU FLORISTS Shattuck Building PHONE 31 fferent localit KRAFFT'S CABINET and MILLWORK Kitchen Cabinets House “D”, shown here ad in the Federal Housing Admmd!ufioi 'mélmul Bulletin No. 4, has fln same accommodations as House “C”, but with a different arrangement. It is particularly s where the rear of the lot lends itself to garden development. The living room faces the rear and me service entrance is on the side, so that there will be no interférence with the privacy of this m o] area. Both bedrooma, too, laok out on the garden as well as to the sides. In the cellarless plon, thé work to be done in the kitchen is only the preparation of the meals and the subsequent ¢leaning up; the laundry work is relegated to the utility room. The plan with the céllar gains a dlnln( spade, but concentrates all the work in the kitchen area. The second floor offers two good-sized and well-shaped bedrooms with excellent wall spucés and ample closets. The hall is reduced to a minimum so there is no waste space. Its straight- The elevation is of the simple farm-house type with no attempt at ornamentation. Zorward honesty gives it a dignity and charm that olease the ave. Screen Doors and Windows ' mmlmmmmmmmmmmunnuu|||||ummmummmmmumnmmnumunmnnuummmumnmmmunmmmmmmmmmfi Frames and Sash All Kinds of GLASS PLYBOARD and MOULDING Estimates Furnished SATISFACTION GUARANTEED FRANKLIN ST. at SECOND Telphone 62 LOTS OF LOTS NICE ONES———TOO! Casey-Shattuck Addition Gold Belt Addition Seatter Addition CASH or TERMS Co- mp"l:fl@ with the FEDERAL HOUSING ADMINISTRATION and beat the rent game . . . . ALLEN SHATTUCK ——Since 1898—— Columbia Lumber Co ' LUMBER AND BUILDING MATERIAL CONSULT US FOR FINANCING OF HOMES UNDER TITLE NO. 2, FEDERAL HOUSING ACT Reduces your fuel bills, and beautifies your home. We carry a complete stock for immediate delivery: —ALSO——— Celotex Plank g PLASTERBOARD—FIR FLYWOOD DOORS—WINDOWS—GLASS—~PAINT Ask for the CELOTEX BOOK Juneau-Young Hardware Co. FOR EVERYTHING IN THE BUILDING LINE, SEE G. E. KRAUSE Dealer in Heavy Building Materials GENERAL CONTRACTOR WE ARE DEALERS AND CARRY IN STOCK— E B E gllllllll“"llllHIHIIIlHIIIIIII|||H||IIINIIIIIIIINI T Portland Cement ishing Cement y Setting Cement Stucco Cement Fiber (Hair) Hardwall Plaster Finishing Plaster Metal Corner Bead Wire Fabric Lath Metal Lath Wood Fiber Lath Wood Fiber Wall Board Lump Lime Hydrate Lime Galvanized Thimbles, 10, 12-inch Fireplace Dampers Fireplace Cleanout Doors WE MANUFACTURE Concrete Sewerpipe, sizes 4 inches and up Concrete Sewerpipe Ys, Tees and Ells; all s Concrete Chimney Blocks, firesafe and well made Conerete Chimney Tops G. IFireplace Ashdumps Firebrick Fireclay Pressed Brick (for mantels) Hearth Tile Tile for Floors and Walls Asbestos Wall Tile Stueco Wire Reinforeing Steel, 1-4 to 1 1-4 inch » Mesh Reinforcing ansion Joints W aterproofing, integral and brush coat Johns-Manville Asbestos Shingles Finishing and Mortar Sand Soft Sheet Copper AND SELL— Concrete Chimney Bases Concrete Culverts Footing Blocks Building Blocks and Brick of the standard masonry unit sizes Concrete Sills and Lintels Burial Vaults Wi KRAUSE ANYBODY'S BUSINESS HOMES NEEDED Eighty-four vacant homes out of 11,450 is sufficient evidence for Hal Chase, real estate editor of the Chicago Tribune, that a housing shortage is near at hand for Evan- ston and the north shore district of Chicago. In addition there are but 10 vacant apartments out of 572 units. These facts were reveal- ed in a survey conducted by the Evanston-North Shore Real Estau Board. PAYING TS WAY The cement industry, aceord- ing to George H.’Snyder. busi- ness editor of the Pittsburgh Sun-Telegraph, is back on a profitable basis due to the ris- ing volume of construction work all over the country, Mr. Snyder reports that some producers managed during the past two years to make money. But the industry as a whole lost a good deal of ground during the de- pression. This year, he writes, the averagé producer will make a profit. ROARING RENTS Renis in some sections of Long QUALITY LUMBER ALASKA SPRUCE—HEMLOCK—CEDAR PROMPT SERVICE Island, N. Y. are up as much as 300 per cent, according to a state- ment by H. Ward Ackerson, Vice- President of the Long Island Real Estate Board His remarks were published in the New York Herald Tribune, which devoted some space to another report which indicates a housing shortage is imminent in Greater New York. L. S. Posner, member of the New York State \1OILQAEP Commission, * the shortage is growing to an alarming degree, particularly in these two classes of housing—the single-family dwelling and the bet- ter apartment house. * s JOBS AGAIN In a special dispafch to the is quoted: | LUMBER FOR EVERY PURPOSE Build with WOOD for PERMANENCE Juneau Lumber Mills PHONE 358 | New York Times gains in em- ployment in Way were reported in most of the principal cities of the Cleveland district both as compared with the preced- ing month and a year ago. A shortage of skilled labor was re- ported by some industries. De- partment-store sales reported a 17 per cent increase in dollar sales during the month, com- pated with the same period & year ago. Elsewhere in the Mid- west business was reported im- proved, and from St. Lowis came another report of a skill- ed-labor shortage in some plants and trades. Building, however, continued active in the St. Louis district. HERE'S HOW Glendale, Calif.,, one of the cities lin the Golden State rwheré resi- dential building.has been at peak |level for the past seversl months, | ranks third in the volumie of mort- | gage loans insured by the Federal Housing Administration in Califor- {‘nia, according to a Statement. Y Ralph 1A. Lynad, real estate editor lof the Glendale News-Préss. He {quotes A. H. Jones, bullding de- ’pan.menv. engineer, as- 8aying m “the Housing Administration hss been instrumental in bringing about |the present bulldINE - AcHVIY | throughout Californta® + 1 mmnmmuuu||||nmmnnmunmmnmmuu||||mmmumlmlmumuuululmumnumunnmnnmlmmumululmmmmmnunnmlunu||||||nmnmnmmmmnmmmmmm|rmnmnnmlmn|||m|mflmmnmnummmmmnmnmnnnmnnnnnummmmm = = = = = £ 2 E = = =